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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Parkway, Freshwater is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 844 ft2 of internal area and sits on a 697 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Parkway, Freshwater is £287,176 and the estimated rental value is £1,581 per month.
Parkway, Freshwater, PO40 is located within the PO40 postal district.
7, Parkway, Freshwater has 31 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Parkway, Freshwater is in very good condition we estimate a sale value of £301,535 and a rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,074 and a rental value of £1,470 per month.
Over the last 12 months the sale value of 7 Parkway Freshwater has decreased by an estimated £12,224 (4.3%) and its rental value has increased by an estimated £63 per month (4.0%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 7, Parkway, Freshwater sits on a plot of 697m2.
We have plot size data on 25 out of 29 other houses in the postcode and 7, Parkway, Freshwater sits on the 3rd largest plot.
According to HM Land Registry, 7, Parkway, Freshwater was last sold on 14th December 2007 for £174,103 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since December 2007, the market for similar properties has risen 65.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Parkway, Freshwater within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Parkway, Freshwater, PO40 9DQ, a freehold house which sold for £190,000 on the 28th March 2024.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkway, Freshwater, PO40 has a total of 54 addresses. According to our analysis of all the public data, 7, Parkway, Freshwater is the 23rd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in PO40.
The closest station to 7, Parkway, Freshwater is Lymington Pier station which is 8.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Parkway, Freshwater, 78.2% of property is privately owned outright and 12.7% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Parkway, Freshwater, 2.6% of residents are recorded as possessing school level qualifications and 24.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Parkway, Freshwater, the average age was 53.6 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Parkway, Freshwater, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Parkway, Freshwater, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
